There are just too many shorts out there and the constant reversals form short squeezes off any Yen drop is making trading very choppy. The VIX is saying buy, but ADDEC lines are saying sell. SMH/XLF say sell, but the Yen drop says buy. When everything is out of sync like this you get a difficult session to trade.
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on Friday, April 27, 2007 at 4/27/2007 12:20:00 PM.
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